The result of the turmoil was a 37% decline in bitcoin (BTC) during June 2022 from almost $32,000 to $19,966, falling as low as $17,690 at one point. And, almost a year to the day, we receive news of the SEC’s action versus Binance. The market response was notable, with prices declining 5.4% on higher than average volume.
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- Source: https://www.coindesk.com/markets/2023/06/07/bitcoin-somewhat-takes-binance-accusations-in-stride/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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